October 2020 Archives
Sat Oct 31 13:39:14 EDT 2020
Items of Interest
Various web links I found to be of interest recently.
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Inequality and Its Discontents
Michael J. Boskin, economist at Stanford University's Hoover Institution, asks the question:
What is really more important, the distribution of the economic pie or the level and growth of living standards?
I emailed him to watch this video which explains why he is wrong:
Capuchin monkeys reject unequal pay.
He never responded and I don't expect any facts would change his political and economic beliefs.
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Hook, Line and Sinker
In the Long Now, the single most important executive skill is the ability to shape the external narrative of the company.
It's that Doug Parker is telling all of us - citizens and media alike - how to think about what an airline is. Doug Parker wants you to think that "American Airlines" is the financial health of AAL, the publicly listed company with its current debt holders, current equity owners, and current programs to programmatically offer cash and non-cash compensation to senior executives. He wants all of us to think that those things are synonymous with having functional, well-maintained airplanes, protected employees and route infrastructure capable of quickly ramping back up when the depression in air travel caused by COVID-19 subsides.
... And we're buying it - hook, line and sinker. ... We don't have to. As citizens, we can carry two ideas in our heads at once. We can believe that airlines are a critical industry, that its workers are important fellow citizens worthy of public financial support and that keeping them in the industry is an indispensable part of rapidly returning to full capacity. AND we can believe that literally none of that requires us to unconditionally support the share price, current equity holders or executive compensation expectations at AAL or UAL or any other airline. -
Why These Millionaires Are Staying Put Despite a New Tax on Them
The reason has little to do with money. Family and community ties keep them from leaving their state.
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Covid-19: Immunity and Re-Infection
Why not? Because from everything we can see, re-infection is a very rare event. The confirmed examples worldwide could possibly be counted on your fingers (depending on whose count you believe) out of at least 38 million total cases.
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Great Barrington Declaration
As infectious disease epidemiologists and public health scientists we have grave concerns about the damaging physical and mental health impacts of the prevailing COVID-19 policies, and recommend an approach we call Focused Protection.
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Why Physics Can’t Tell Us What Life Is
The origin of life can’t be explained by first principles.
Life is a grab bag of different pieces, some of whose physical properties are easier to predict mechanistically than others, and it is certainly the case that at least some of the factors that matter a great deal to how a living thing works will fall into the category of highly non-universal emergent properties that are impossible to derive from first principles.
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American Purpose
American Purpose is a magazine, media project, and intellectual community.
In the writing we publish, the podcasts we produce, and the conversations we host, we have three broad goals:- First, we aim to defend and promote liberal democracy in the United States.
- Second, we seek to better understand and address the challenges to liberal democracy abroad.
- Finally, because we believe that the political and cultural issues of the moment cannot be separated from questions of enduring importance-about the ends and purposes of life, about how to live well and wisely together, about beauty and consolation-we intend to offer criticism and commentary on history and biography, high art and pop culture, science and technology.
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Fermat's Library Journal Club
Fermat's Library is a platform for illuminating academic papers. Every week we send you a new paper annotated by the community in the fields of Mathematics, Physics, Economics, Computer Science and Biology.
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The Effects of Fluoride in the Drinking Water
Water fluoridation is a common, but debated, public policy. In this paper, we use Swedish registry data to study the causal effects of fluoride in the drinking water. We exploit exogenous variation in natural fluoride, stemming from variation in geological characteristics at water sources, to identify its effects. First, we reconfirm the long-established positive effect of fluoride on dental health. Second, we estimate a zero-effect on cognitive ability - in contrast to several recent epidemiological studies. Third, fluoride is found to increase labor income.This effect is foremost driven by individuals from a lower socioeconomic background.
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I'm extremely controversial: the psychologist rethinking human emotion
"Anger" is a cultural concept that we apply to hugely divergent patterns of change in the body, and there's no single facial expression reliably associated with it, even in the same person. (Some cultures don't have a concept that corresponds to "anger", such as the Utku Inuit of Canada's Northwest Territories.) The same is true, astonishingly, of "happiness", "excitement", "disappointment", you name it. No emotion is tied to a single, objective state in the body. Rather, emotions are cultural artefacts.
Tue Oct 27 13:30:10 EDT 2020
About Trump
Some links related to President Donald Trump.
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Questions of the Day for Trump Supporters
- Did Trump repeal and replace Obamacare with something much better and cheaper?
- Did Mexico pay for the wall?
- Did Trump balance the budget?
- Did Trump bring home the troops in Syria, Afghanistan, or Iraq?
- Did Trump eliminate the trade deficit?
- Did USMCA improve upon NAFTA?
- Did Trump improve upon TTP?
- Did Trump label China a currency manipulator?
- Did Trump rebuild the country's infrastructure?
- Was Trump phenomenal for women?
- Has Trump done more for the African American community than any other president since Abraham Lincoln?
- Did Trump drain the swamp?
- Did Trump's tariffs bring back manufacturing jobs?
- On 4/14/2011 Trump said "I look very much forward to showing my financials, because they are huge." Did he?
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Is Trump a fascist? 8 experts weigh in.
Call him a kleptocrat, an oligarch, a xenophobe, a racist, even an authoritarian. But he doesn't quite fit the definition of a fascist.
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The Rust Belt boom that wasn't: Heartland job growth lagged under Trump
Through the first three years of the Trump administration the county lost jobs, and brought in slightly less in wages in the first three months of 2020 than in the first three months of 2017 as Trump was taking over.
... Across the industrial belt from Wisconsin to Pennsylvania, private job growth from the first three months of 2017 through the first three months of 2020 lagged the rest of the country - with employment in Michigan, Wisconsin and Ohio growing 2% or less over that time compared to a 4.5% national average, according to QCEW data analyzed by Reuters. -
The Wisconsin Foxconn Job
Behind Foxconn's empty buildings, empty factories, and empty promises in Wisconsin.
The renovations never arrived. Neither did the factory, the tech campus, nor the thousands of jobs. Interviews with 19 employees and dozens of others involved with the project, as well as thousands of pages of public documents, reveal a project that has defaulted on almost every promise. The building Foxconn calls an LCD factory - about 1/20th the size of the original plan - is little more than an empty shell. In September, Foxconn received a permit to change its intended use from manufacturing to storage.